Hunt Communities announced the groundbreaking of its new master-planned community, Verdancia, in Horizon City, Texas, east of El Paso. According to the company, the 770-acre community will include approximately 2,400 single-family home lots, with homes expected to be...
The retailer Forever 21 is considering bankruptcy and may shutter at least 200 US-based stores as soon as next month. According to a Bloomberg report sourced from unnamed “people with knowledge of the matter,” the chain’s US operator, F21 OpCo, is seeking a buyer for...
The Department of Housing and Urban Development (HUD) has cancelled $4 million in contracts that were designed to foster Diversity, Equity and Inclusion (DEI) programs within the agency. In an interview this morning on Fox News, HUD Secretary Scott Turner stated the...
Sens. Elizabeth Warren (D-MA) and Adam Schiff (D-CA) are demanding the removal of members of the Department of Government Efficiency (DOGE) from the Consumer Financial Protection Bureau (CFPB) while claiming without evidence that Elon Musk plans on “enriching himself...
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 254,110 in January, the lowest level in 13 months. According to data from the California Association of Realtors (CAR), last month’s total was...
Listing a home as a fixer-upper may not be a profitable idea anymore, as a new analysis by Zillow (NASDAQ: Z, ZG) found buyers were willing to pay 3.7% more than expected for a home that is already remodeled – which is an additional $13,194 on a typical home and is...
